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Trade is an essential driver of economic growth and development. However, the high cost of trade has remained a significant barrier to the success of cross-border trade in many regions across the world. One-stop border posts (OSBPs) have been introduced in various regions, including East Africa,...
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Using sector-level data on bilateral greenfield investment for 198 source and destination countries over 2003-2018 in a structural gravity model, we examine the likely effect of the African Continental Free Trade Area (AfCFTA) on African investment. Conditional general equilibrium estimates from...
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This report provides a crucial analysis of these evolving dynamics, focusing on their impact on Africa's automotive sector–a key industry for the continent's industrialisation strategy and at the core of the transformation of global value chains in the last 30 years.
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